Home
Dubai prices
About
Research
1-bed · 558 sqftOlivz Residence Block 2, International City · 4th floor · completed 2023

2-423, Olivz Residence Block 2

Sold prices and rental history: sold once, by the developer in August 2020, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-423 · DLD and Ejari recordsUpdated 5 November 2025
Last soldAED 475K5 August 2020
Current rentAED 51K /yr5 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 2-423

Property timeline for 2-423, Olivz Residence Block 2

What is 2-423 worth today?

Last sold for AED 475,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Nov 2025RentedNew contract
AED 51,000/yr12 months · AED 93 per sqft
2 Nov 2024RentedNew contract
AED 51,000/yr12 months · AED 93 per sqft
5 Aug 2020Sold by developerOff-plan
AED 475,000AED 851 per sqft

Source: Dubai Land Department. Updated 5 November 2025.

Key facts

Type
1-bed apartment
Size
558 sqft
Floor
4th of 6
Parking
1
Developer
Danube Properties Development
Completed
2023
Last sold
AED 475K · August 2020
Building
Olivz Residence Block 2

About 2-423, Olivz Residence Block 2

2-423 is a one-bedroom apartment of 558 sqft on the 4th floor of Olivz Residence Block 2, a 6-storey tower in International City completed in 2023 by Danube Properties Development. The developer sold it on 5 August 2020 for AED 475,000, or AED 851 per sqft, 3% below the AED 878 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 5 November 2025, is AED 51,000 a year: a gross yield of 10.7% on the 2020 price.

Sales and rents for 2-423 over time

Sales
Unit 2-423, each saleTypical one-bed in Olivz Residence Block 2
600K2020202220242026Typical sale price by year: 2020 AED 541,500; 2021 AED 538,350; 2022 AED 525,000; 2023 AED 547,200; 2024 AED 665,000; 2025 AED 710,000; 2026 AED 745,000Sold by developer, August 2020: AED 475,000 (AED 851 per sqft)

2-423 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2-423, each contractTypical one-bed in Olivz Residence Block 2
53K55K2024202520262027Typical rent by year: 2024 AED 52,000; 2025 AED 55,000; 2026 AED 56,000New contract, November 2024: AED 51,000 a yearNew contract, November 2025: AED 51,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Olivz Residence Block 2, and where 2-423 sits

All 68 1-beds →

2-423 last sold in August 2020 at AED 851 per sqft, 3% below what one-beds in Olivz Residence Block 2 were fetching at the time (AED 878). Over the last 12 months one-beds sold for AED 675,000 to 820,000, around AED 1,162 per sqft, and rent for AED 34,125 to 65,000 a year. 2-423's AED 51,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026750,000
26 Sep 2026740,000
24 Sep 2026725,000
4 Sep 2026675,000
7 1-bed sales in the last 12 months

Olivz Residence Block 2

Building

147 apartments, studios to 2-bed over 6 floors in International City, completed in 2023 by Danube Properties Development. 11 sold in the last 12 months.

Typical price per sqft
AED 1,262 Up 11.6%
Typical sale
AED 725K
Typical rent
AED 43K /yr
Typical yield
8.4%
Olivz Residence Block 2, International City: prices, sales and rents →

Other units on the 4th floor

All 147 units in Olivz Residence Block 2
Value
2-401StudioAED 340K · Apr 2020
2-402StudioAED 340K · Apr 2020
2-403StudioAED 340K · Apr 2020
2-4041-bedAED 498K · Sep 2023
2-4051-bedAED 715K · Oct 2024
2-406StudioAED 294K · Apr 2020
2-4071-bedAED 690K · Mar 2025
1–7 of 22

2-423, Olivz Residence Block 2 in numbers

  • Sold once: by Danube Properties Development on 5 August 2020 for AED 475,000, or AED 851 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, at AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2020 price is 10.7%.
  • One-beds in Olivz Residence Block 2 sold for AED 675,000–820,000 in the 12 months to November 2026; the building's median across all types is AED 1,262 per sqft.

Source: Dubai Land Department. Updated 5 November 2025.

Questions about 2-423, Olivz Residence Block 2

What did unit 2-423 last sell for?

AED 475,000 on 5 August 2020, sold by the developer: AED 851 per sqft for 558 sqft. It is the only registered sale of the unit.

What is the rent for unit 2-423?

AED 51,000 a year on the contract signed on 5 November 2025. The previous contract, from November 2024, was AED 51,000.

How big is unit 2-423?

558 sqft (51.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2023.

What is unit 2-423 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Olivz Residence Block 2 sold for AED 675,000 to 820,000 in the last 12 months, around AED 1,162 per sqft.

Selling 2-423? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2-423, Olivz Residence Block 2

Starts from the last sale price (AED 475K, 5 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →